Market revenue in 2021 | USD 97.5 million |
Market revenue in 2030 | USD 221.5 million |
Growth rate | 9.5% (CAGR from 2021 to 2030) |
Largest segment | Bovine |
Fastest growing segment | Marine |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Bovine, Porcine, Poultry, Marine |
Key market players worldwide | Gelita AG, Darling Ingredients Inc, Panoramic Resources Ltd, Tessenderlo Group NV, Shanghai Universal pharmaceutical machinery co., PB Leiner, Sterling Gelatin, Weishardt, Junca Gelatines, Nitta Gelatin USA |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gelatin market will help companies and investors design strategic landscapes.
Bovine was the largest segment with a revenue share of 35.49% in 2021. Horizon Databook has segmented the Portugal gelatin market based on bovine, porcine, poultry, marine covering the revenue growth of each sub-segment from 2018 to 2030.
The gelatin market growth in Portugal is highly dependent on the food and beverage industry of the country. According to the U.S. Department of Agriculture (USDA) Foreign Agricultural Service report, significant growth in the food and beverages industry, especially meat and seafood products was registered in the country until 2020 due to modern and innovative food processing capabilities of the country that ensures quality, safety, and traceability of food products produced.
Amid the COVID-19 pandemic, a decline was witnessed in the sales of meat and seafood products due to the closure of multiple hotels, and restaurants coupled with supply chain disruption. In addition, the country witnessed a decline in the production as well as consumption of beverages, especially alcoholic beverages. Post pandemic, as restaurants, and hotels began to reopen, the rising demand for food products like meat, frozen food products, and seafood is expected to drive the market for gelatin in the coming years.
Horizon Databook provides a detailed overview of country-level data and insights on the Portugal gelatin market , including forecasts for subscribers. This country databook contains high-level insights into Portugal gelatin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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